Layer2 No-Fee Transaction Oracle Provider Proposal

ProofSuite / OrFeed

DeFi & Distributed Data Service Aggregator

https://www.orfeed.org

Apache License 2.0

241 stars 152 forks source link

Layer2 No-Fee Transaction Oracle Provider Proposal #54

Closed mikedeshazer closed 4 years ago

mikedeshazer commented 4 years ago

New platforms such as Liquidity.Network, OST (provider for Pepo) and a few other Layer 2 platforms boast zero-fee transaction offerings. As an oracle provider/aggregator, zero-fee transactions seems too good to be true; however, would be amazing. Currently, OrFeed providers pay traditional gas with ETH to update the Ethereum blockchain with stock, ETF, and other off-chain assets so that smart contracts can consume the data. We are seeking proposals on how one could leverage some of these new Layer 2 platforms to lower the cost to negligible or zero, ether by adding the OrFeed oracle to a live Layer2 solution, or by allowing providers to update the blockchain at much lower costs.

Please add any proposals in the /specs/layer2 folder

Thanks for checking out OrFeed. Also, for any question or to bounce ideas, here's the Discord: https://discord.gg/byCPVsY

gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This issue now has a funding of 0.1 ETH (22.36 USD @ $223.6/ETH) attached to it.

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gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work has been started.

These users each claimed they can complete the work by 3 weeks, 6 days from now. Please review their action plans below:

1) mul1sh has started work.

I'll submit my proposal in a few hours :)

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gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

Work for 0.1 ETH (24.51 USD @ $245.09/ETH) has been submitted by:

@mul1sh

@mikedeshazer please take a look at the submitted work:

PR by @mul1sh

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gitcoinbot commented 4 years ago

⚡️ A tip worth 0.10000 ETH (24.51 USD @ $245.09/ETH) has been granted to @mul1sh for this issue from @mikedeshazer. ⚡️

Nice work @mul1sh! Your tip has automatically been deposited in the ETH address we have on file.

$84179.11 in Funded OSS Work Available at: https://gitcoin.co/explorer
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gitcoinbot commented 4 years ago

Issue Status: 1. Open 2. Started 3. Submitted 4. Done

This Bounty has been completed.

Additional Tips for this Bounty:

mikedeshazer tipped 0.1000 ETH worth 24.51 USD to mul1sh.

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